- SHRV
has now reached cumulative sales of greater than $39 million since the
December 2017 launch of products through its Elepreneur and Elevacity
Global subsidiaries
- Product
sales for the health & wellness division of Elevacity Global generated
significant increases; SHRV also credits growth to implementation of its
‘Blue Ocean Strategy’
- SHRV
intends to execute global expansion plans in 2019; earlier this year, it
signed a joint venture agreement to sell its products in Asia
Sharing Services, Inc. (OTCQB: SHRV) reported revenues of
$17.9 million for its second fiscal quarter of 2018, as compared to the
company’s $12.9 million in first quarter 2018 revenue. SHRV said that its
corporate record sales were driven in part by the success of Elevacity products
(http://ibn.fm/PNtNF). It
also said that it is supporting its pursuit of expansion by bringing on
experienced talent and establishing a new corporate headquarters.
SHRV is a Plano, Texas-based diversified holding company
that owns, operates or controls a variety of companies engaged in direct
selling through independent sales representatives. It also offers services such
as energy, technology and insurance.
In a news release (http://ibn.fm/wXwWf), John “JT” Thatch, CEO of SHRV, said,
“Our second quarter results represent yet another significant milestone as we
exceed our goals at a record-breaking pace and execute our mission to change
the direct-selling industry with best-in-class products and services under our
unique ‘Blue Ocean Strategy.’”
The Blue Ocean Strategy is a concept of marketing in an
uncontested marketplace. SHRV also noted that its health-and-wellness line has
been very successful and helped drive the sales gains.
The company plans to expand globally in the future. It
recently signed a joint venture agreement with Hong Kong-based Health Wealth
& Happiness Ltd. (HWH) to sell its products throughout Asia and expand its
Elepreneur program (http://ibn.fm/IxAck).
For more information, visit the company’s website at www.SHRVInc.com
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